Koreatown Micro-Unit Project Plans Receive Thumbs Up

The planned eight-story Koreatown micro-housing project will rise on South Mariposa Avenue
603 South Mariposa Site
Project Site: Official
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The Los Angeles planning department has approved plans by Seattle-based micro-housing developer Housing Diversity Corporation for an eight-story, 92-unit micro-unit apartment project in Koreatown, according to a determination letter posted by the city this month.

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The development will take shape at 603 S. Mariposa Avenue, replacing a two-story commercial building just northeast of the Wilshire / Normandie Metro station with a new, approximately 100-foot-tall, 45,000-square-foot multifamily building.

Approvals given this month allow for Tier-4 project incentives under the city’s transit-oriented communities program, including a 41-unit, or approximately 80-percent, density bonus, a 25-percent reduction in required open space, and an eliminated parking requirement, according to the determination letter. The project will provide about 7,000 square feet of open space, seven ground-level automobile parking spaces, and space for 77 bicycles, planning documents show.

HDC will reserve 11 units for extremely low-income households in accordance with the TOC program.

Also involved in plans are project architect Steinberg Hart and construction company STS Construction Services, plans show.

HDC acquired the roughly quarter-acre project site through an affiliate last year for about $4.2 million.

Dean Boerner

Dean Boerner is a California-based writer previously with Bisnow and the San Francisco Business Times. He received his bachelor's degree in economics and business from Saint Mary's College of California, where he also served as the editor-in-chief of The Collegian, the school's campus newspaper. Before that, he spent two years as the publication's sports editor, and he remains a committed fan, for better or worse, of his Sacramento Kings, San Francisco Giants, and Saint Mary's Gaels.
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